How is a variance calculated in a projection?

In Embat, a variance represents the difference between what was forecasted and what actually occurred in a bank account. Variances are always calculated within the context of a specific projection, based on the selected period and category.

The formula used is:

Net variance = Unexpected transactions − Forecasts not fulfilled

This value helps identify periods that need review. You can explore the full details in the variance analysis view.

If you have any further questions, feel free to contact the Customer Experience team or submit a request via this link.